Smart speakers are taking sales away from smartwatches and other wearables

Smart speakers are taking sales away from smartwatches and other wearables
A new report from research firm eMarketer notes that wearable technology, including smartwatches, has yet to catch on with the public. One of the reasons, according to the report, is that smart speakers have become the hot new tech product and are much more affordable than an intelligent timepiece. The report notes that consumers have yet to find a reason why they should purchase a smartwatch since in many cases, they can cost as much as a new smartphone.

Wearables growth continues to disappoint analysts. Back in 2015, eMarketer forecast that among U.S. adults, sales of wearables would rise 60% in 2016. The actual number was 24.7% For 2018, the research firm sees growth in wearables dropping off to 11.9% and then falling into single digits for 2019 and subsequent years. Analyst Cindy Liu of eMarketer says that any growth in this category will come from new smartwatch users. She says that the problem is that there is a lack of a "must-have" product in the category, which is still dominated by health and fitness trackers.


While 77% of the adult population in the U.S. carry a smartphone, only 20% of adults in the states wear a smartwatch. Will it take the launch of AR glasses to shake up the wearables category? That device could be two to three years away from meeting the light of day.

via BusinessInsider

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12 Comments

1. Cat97

Posts: 1861; Member since: Mar 02, 2017

Smart speakers are the single most boring electronic gadget you can buy. I would rather buy many gallons of white paint, spill it out and watch it dry.

10. sgodsell

Posts: 7212; Member since: Mar 16, 2013

How could they be boring. You can make free phone calls anywhere in North America. No phone needed. They can play music, movies, videos on your TV's, play podcasts, audio books, tell stories, tell jokes, tell you the latest news, weather, sports scores, stock prices, walk through recipes, play certain word play games, order pizza, order some groceries, create a list of items and send it to your smartphone, set alarms, or set events, adjust your lights, heat, blinds, and so much more with only your voice. Clearly Cat97 you never used one before.

14. mootu

Posts: 1500; Member since: Mar 16, 2017

"How could they be boring. You can make free phone calls anywhere in North America. No phone needed. They can play music, movies, videos on your TV's, play podcasts, audio books, tell stories, tell jokes, tell you the latest news, weather, sports scores, stock prices, walk through recipes, play certain word play games, order pizza, order some groceries, create a list of items and send it to your smartphone, set alarms, or set events, adjust your lights, heat, blinds, and so much more with only your voice." You just described everything my phone does which i can fit in my pocket and take anywhere. So tell me why i need a smart speaker ?

11. bobby84

Posts: 595; Member since: May 13, 2016

I got a google mini for xmas we enjoyed it and been talking to it all day. Its fun

13. T12RYK

Posts: 849; Member since: Jun 10, 2011

Make you get buy in bulk, you might get a discount!

2. AmashAziz

Posts: 2898; Member since: Jun 30, 2014

But your gallons of white paint won’t have an AI assistant built into it ;)

3. Nine1Sickness

Posts: 896; Member since: Jan 30, 2011

And his paint isn’t connected to the internet and isn’t constantly listening to him.

12. TheVarnimal

Posts: 45; Member since: Oct 22, 2015

You're literally commenting on the internet, which means you already use products that are being monitored. You don't understand the irony of your own statement, otherwise you wouldn't have made it.

4. Venom

Posts: 3410; Member since: Dec 14, 2017

I returned my smart speaker. That thing creeped me out. Maybe I'm just paranoid, but Terminator 2 is still fresh in my mind.

5. torr310

Posts: 1646; Member since: Oct 27, 2011

A smart phone is good enough... both smart watch and smart speak are not necessary IMO.

7. Skizzo

Posts: 403; Member since: Jul 14, 2013

Smartwatches are too nerdy for watch enthusiasts, too geeky looking to be worn as style pieces, and not technologically revolutionary enough for the hardcore techies. It misses on every front. That's why smart watches are failing.

9. Ralph.

Posts: 249; Member since: Dec 20, 2017

Giorgio Armani Rado TagHeur Gucci Should do very well.

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